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December 14, 2007
SENTRILOCK FLASH... WHAT'S THAT?!
You will see a steady card light, which will then begin to flash. Within about 30 seconds, all the lights will flash through a cycle. There is no beep. Voila! You are done and flashed. Now remove your keycard. We strongly suggest you mark the back barcode of each lockbox that has been flashed with a red dot/mark. It does not cause a problem if a lockbox gets flashed more than once.
You can visit www.kalasfuneralhomes.com to read her obituary and post condolences. Her services will be private. The revised Consumer Information Statements (CIS) have now been posted to the commission website. The NEWEST revision, dated November 8, 2007 is now in effect. This revision was completed in order to make sure that the pamphlet and page versions agreed in language, flow, and format. Click here, then scroll down to bottom of page for the new forms. Offices should make sure they are using only this newest version.
At home or at work, downloading the book all at once or by sections, Click here to purchase your copy and access the PDF link now! Remember to ALWAYS identify yourself as a REALTOR® in advertising, on the phone, and in mailings. Read more in last week's Rookie Corner.
Some months ago we published the Do Not Call Rules. We thought it would be good to also publish the Do Not Fax Rules.
ETHICALLY SPEAKING...
Below is a case interpretation related to Article 2. Please read the complaint and make a judgment on how the Professional Standards Panel should rule. The Hearing Panel's decision will be published in next week's newsletter.
Case #2-3: Obligation to Disclose Defects Seller A came to REALTOR® B's office explaining that his company was transferring him to another city and he wished to sell his home. In executing the listing contract, Seller A specified that the house had hardwood floors throughout and that the selling price would include the shutters and draperies that had been custom made for the house. Seller A said that he would like to continue to occupy the house for 90 days while his wife looked for another home at his new location, and agreed that REALTOR® B could show the house during this time without making a special appointment for each visit. Accordingly, REALTOR® B advertised the house, showed it to a number of prospective buyers, and obtained a purchase contract from Buyer C. Settlement was completed and at the expiration of the 90-day period from the date of listing, Seller A moved out and Buyer C moved in. On the day that Buyer C moved in, seeing the house for the first time in its unfurnished condition, he quickly observed that hardwood flooring existed only on the outer rim of the floor in each room that had been visible beyond the edges of rugs when he inspected the house, and that the areas that had been previously covered by rugs in each room were of subflooring material. He complained that REALTOR® B, the listing broker, had misrepresented the house in his advertisements and in the description included in his listing form which had specified "hardwood floors throughout." Buyer C complained to REALTOR® B, who immediately contacted Seller A. REALTOR® B pointed out that the house had been fully furnished when it was listed and Seller A had said that the house had hardwood floors throughout. Seller A acknowledged that he had so described the floors, but said the error was inadvertent since he had lived in the house for ten years since it had been custom built for him. He explained that in discussing the plans and specifications with the contractor who had built the house, the contractor had pointed out various methods of reducing construction costs, including limiting the use of hardwood flooring to the outer rim of each room's floor. Since Seller A had planned to use rugs in each room, he had agreed, and after ten years of living in the house with the subflooring covered by rugs, he had "simply forgotten about it." REALTOR® B explained, however, that Seller A's description, which he had accepted, had resulted in misrepresentation to the buyer. "But it's a small point," said Seller A. "He'll probably use rugs too, so it really doesn't make any difference." After further pressure from REALTOR® B for some kind of adjustment for Buyer C, Seller A concluded, "It was an honest mistake. It's not important. I'm not going to do anything about it. If Buyer C thinks this is a serious matter, let him sue me." REALTOR® B explained Seller A's attitude to Buyer C, saying that he regretted it very much, but under the circumstances could do nothing more about it. It was at this point that Buyer C filed a complaint with REALTOR® B's Board. How do you think the Professional Standards Panel ruled?
Did you know there was a listing of answers and instructions for Frequently Asked Lockbox Questions? Find them here at the SentriLock Q&A Archive >>
SentriSecure Brokerages as of 12.13.07 >> Brokerages with Combo Boxes as of 12.13.07 >> After many years of preparation, the Building Committee and SCAOR are proud to present the proposed new building construction plans. Q: What is the discussion about the proposed new building for SCAOR? Q: When did we decide to move forward with a building project? Q: What is the scope of the project?
Q: What is the projected cost of the project? Q: What will it look like? As we previously mentioned, the proposed building project has been a topic and agenda item for a few years. We have added to the SCAOR reserves to accommodate the building project. As REALTORS®, we are investing in our future and sending a message to the public with this proposed project. The "Voice for Real Estate" in Sussex County will send a strong message that it is business as usual for Sussex County REALTORS®.
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© Copyright 2007 Sussex County Association of REALTORS®
23407 Park Ave., Georgetown, DE 19947, USA Phone (302) 855-2300 ~ Fax (302) 855-2319 ~ info@scaor.com ~ www.scaor.com |
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